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Section 261Z1(1)

FSMA 2000

A direction under section 261X or 261Z takes effect— immediately, if the notice given under subsection (3) states that that is the case; on such date as may be specified in the notice; or if no date is specified in the notice, when the matter to which it relates is no longer open to review.

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Source: legislation.gov.uk · retrieved 2026-09-04